Steve Jobs futuristic new Apple Campus is $2 billion over budget and will be finished a year later than planned says Bloomberg.
Steve Jobs biggest idea is the future Apple campus. The "spaceship" is a unique ring shaped building with curved glass panels. It is huge and its cost is huge too. Initially it was supposed to cost about $3 billion. As with many huge building projects the cost forecasts are wrong.
BloombergBusinessWeek reports in an in-depth coverage about the new Apple Campus that sources said that the new Apple campus will cost about $5 billion. It is also one year behind schedule. Construction work starts this summer and the new Apple campus is supposed to be ready in 2016.
Apple can of course afford it. Their cash pile is huge, but such reports hurt the image of the company.